maganlal bought trousers for RS.400 and a shirt for Rs.200 and sold them for 448 and 250 respectively . which of these transactions was more profitable?
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Since selling price of trousers is more than cost price of trousers, so there is a profit. Since selling price of a shirt is more than cost price of a shirt, so there is a profit. So, Maganlal made a profit of 12% on trousers and 25% on a shirt. Hence, transaction with the shirt was more profitable.
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